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The sound of more BTL hitting the market

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    #32
    Topgear on Dave
    Registered Users Posts: 4,529 ✭✭✭Topgear on Dave


    amcalester wrote: »
    Which tend to have lower occupancy rates than rentals, so more renters with fewer rentals.


    Ahhhh but there will be less of the "landlord class"..... many campaigners regard this as a good thing. They may not have fully thought this through. :pac:

    The future isn't looking any brighter for renters.


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    #33
    Topgear on Dave
    Registered Users Posts: 4,529 ✭✭✭Topgear on Dave


    AndrewJRenko wrote: »
    So lots more houses on the market for those who want to buy then?

    If you've a few grand in your hip pockety for a deposit. Yes. Good times.


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    #34
    Mad_maxx
    Registered Users Posts: 13,505 ✭✭✭✭Mad_maxx


    Del2005 wrote: »
    The local authorities are owed huge amounts from people paying the token rent, so they are just putting the non payers onto private landlords than deal with them themselves.

    When/if the government starts building social houses the non payment will become a bigger burden for local councils as the rent money will be part of their budget.

    Social housing is a black hole in a country with such a deeply ingrained culture of entitlement


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    #35
    enricoh
    Registered Users Posts: 4,841 ✭✭✭enricoh


    AndrewJRenko wrote: »
    So lots more houses on the market for those who want to buy then?

    Yeah, its all going swimmingly well with all the government anti landlord stuff.
    There is 10 properties to rent in drogheda and surrounding areas on daft at the minute. There is 1, yes 1, 3 bed semi to rent.
    With another anti landlord bill or two with a bit of luck we'll be able to count on one hand the properties to rent.
    Come on minister, sit down with threshold + mcverry etc n dream up some more stuff! We can do this!


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    #36
    ThunbergsAreGo
    Registered Users Posts: 10,399 ✭✭✭✭ThunbergsAreGo


    Mad_maxx wrote: »
    Del2005 wrote: »
    The local authorities are owed huge amounts from people paying the token rent, so they are just putting the non payers onto private landlords than deal with them themselves.

    When/if the government starts building social houses the non payment will become a bigger burden for local councils as the rent money will be part of their budget.

    Social housing is a black hole in a country with such a deeply ingrained culture of entitlement

    Every social house, raises prices and reduces supply for working people who have saved a deposit etc.


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    #37
    Old diesel
    Registered Users Posts: 5,788 ✭✭✭Old diesel


    naughtb4 wrote: »
    Mad_maxx wrote: »
    Del2005 wrote: »
    The local authorities are owed huge amounts from people paying the token rent, so they are just putting the non payers onto private landlords than deal with them themselves.

    When/if the government starts building social houses the non payment will become a bigger burden for local councils as the rent money will be part of their budget.

    Social housing is a black hole in a country with such a deeply ingrained culture of entitlement

    Every social house, raises prices and reduces supply for working people who have saved a deposit etc.

    What would get built in place of the social house that would boost supply and lower price.

    What is the social housing stopping????


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    #38
    ThunbergsAreGo
    Registered Users Posts: 10,399 ✭✭✭✭ThunbergsAreGo


    Old diesel wrote: »
    naughtb4 wrote: »
    Mad_maxx wrote: »
    Del2005 wrote: »
    The local authorities are owed huge amounts from people paying the token rent, so they are just putting the non payers onto private landlords than deal with them themselves.

    When/if the government starts building social houses the non payment will become a bigger burden for local councils as the rent money will be part of their budget.

    Social housing is a black hole in a country with such a deeply ingrained culture of entitlement

    Every social house, raises prices and reduces supply for working people who have saved a deposit etc.

    What would get built in place of the social house that would boost supply and lower price.

    What is the social housing stopping????

    Non social housing? Affordable housing?

    If an estate has 100 houses and 20 of them are deemed social, then there are 20 less houses available for the wider market.


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    #39
    runawaybishop
    Registered Users Posts: 9,500 ✭✭✭runawaybishop


    AndrewJRenko wrote: »
    So lots more houses on the market for those who want to buy then?

    How well has that worked currently?

    I've said it before but honestly with short-sighted thinking like this you deserve what you get.


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    #40
    LotharIngum
    Registered Users Posts: 210 ✭✭LotharIngum


    I love the way the minister for increasing homelessness keeps mentioning long term leases when there is in actual fact no lease.
    What there is is a one sided grab on property.
    The tenant has absolutely no need to stick to a lease.
    The landlord cant get out of one even if the tenant doesn't stick to their end.

    These days if you own property and rent it you are basically giving away your property and rolling the dice.

    A lease is a two way deal. Both parties should be able to agree on a term and both be held to that term with suitable sanctions should they break it.
    Currently a landlord cannot negotiate the length of the term and also has no comeback if the tenant decides to break the lease.

    This is no way to be in business. My advice to any landlord is to get out right now while they can. Because we are only short of the stroke of a pen that lets you never ever get your property back even to sell, never mind to try and make some money on it.


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    #41
    3DataModem
    Registered Users Posts: 3,957 ✭✭✭3DataModem


    Long terms leases are a great idea, as long as *deep breath* landlords have better protections from non-paying tenants (i.e. quick eviction)


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    #42
    Del2005
    Registered Users Posts: 18,915 ✭✭✭✭Del2005


    3DataModem wrote: »
    Long terms leases are a great idea, as long as *deep breath* landlords have better protections from non-paying tenants (i.e. quick eviction)

    And if that was the proposal then you would have people agreeing with it, long term tenants would mean long term income. The current proposal is to increase the time a tenant can stay without fixing the issues that are driving landlords out. A good idea badly implemented is bad.


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    #43
    handlemaster
    Registered Users Posts: 6,003 ✭✭✭handlemaster


    there are huge issues for landlords regard non payment , property damage and anti social behavior, none of this has been addressed or even acknowledged


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    #44
    Xterminator
    Registered Users Posts: 4,718 ✭✭✭Xterminator


    naughtb4 wrote: »
    Non social housing? Affordable housing?

    If an estate has 100 houses and 20 of them are deemed social, then there are 20 less houses available for the wider market.

    are you that shortsighted?

    If the houses are not diverted to social housing you have 20 people looking for rental properties on the open market (more competition for low end places pushing up prices for everyone! That means private renters trying to save a deposit struggle because rents are kept artificially high.

    20 tenants in insecure housing situation, (sucks for them - but you seem low on empathy so i wount labour this point)

    20 more sets of tax payer's money diverted via HAP etc to private landlords and little return to the taxpayer.

    If you give them social housing the private rented marked cools off a little, though it would take a lot more than 20 properties to make this happen, allowing normal market condition to re-establish. People don't get priced out of the market, saving a deposit becomes easier.

    20 tenants that cannot turfed out when it suits the landlord - so they have a home not a house.

    20 sets of rental tied to income so that this money actually comes back into public coffers!!

    You need to look beyond the end of your own nose to see that social housing is a good thing. You might not personally get a house form it, perhaps you kids wont either.

    But the current situation is an abomination. Personally i would rather see the council build than buy. But id rather they bought from private builders than sat on their hands.


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    #45
    Old diesel
    Registered Users Posts: 5,788 ✭✭✭Old diesel


    Xterminator wrote: »
    naughtb4 wrote: »
    Non social housing? Affordable housing?

    If an estate has 100 houses and 20 of them are deemed social, then there are 20 less houses available for the wider market.

    are you that shortsighted?

    If the houses are not diverted to social housing you have 20 people looking for rental properties on the open market (more competition for low end places pushing up prices for everyone! That means private renters trying to save a deposit struggle because rents are kept artificially high.

    20 tenants in insecure housing situation, (sucks for them - but you seem low on empathy so i wount labour this point)

    20 more sets of tax payer's money diverted via HAP etc to private landlords and little return to the taxpayer.

    If you give them social housing the private rented marked cools off a little, though it would take a lot more than 20 properties to make this happen, allowing normal market condition to re-establish. People don't get priced out of the market, saving a deposit becomes easier.

    20 tenants that cannot turfed out when it suits the landlord - so they have a home not a house.

    20 sets of rental tied to income so that this money actually comes back into public coffers!!

    You need to look beyond the end of your own nose to see that social housing is a good thing. You might not personally get a house form it, perhaps you kids wont either.

    But the current situation is an abomination. Personally i would rather see the council build than buy. But id rather they bought from private builders than sat on their hands.

    Good well argued post.....

    Having rent linked to your income is actually an idea that deserves to be opened up to more people via changes to eligibility criteria to open up social housing or subsidised housing to more people...

    The eviction thing could be handled by having emergency accomodation type units for those who cause problems.

    Rather then the current set up where someone who has behaved themselves and done nothing wrong is in emergency accommodation while trouble makers might be in a council house.


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